Finance & Banking
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AFD–UDB partnership unlocks Shs 169bln to accelerate Uganda’s development agenda
KAMPALA, February 26, 2026 — Uganda’s economic growth has received a significant boost following the signing of a €40 million [approximately Shs 169 billion] financing agreement between the Agence Française de Développement…
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Tororo officials urged to ensure PDM beneficiaries repay loans as agreed
TORORO, February 26, 2026 — Tororo District Local Government has directed the first beneficiaries of the Parish Development Model [PDM] to begin repaying loans disbursed under the programme, following the expiry of…
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Equity Bank empowers salon entrepreneurs with business skills
KAMPALA, February 25, 2026 — Equity Bank Uganda has trained more than 120 salon entrepreneurs in Kampala and surrounding districts, equipping them with essential business skills including leadership and record-keeping. The participants…
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Gov’t begins disbursement of additional Shs 20mln to Emyooga SACCOs in Bunyoro
KIKUUBE, February 25, 2026 — The Government of Uganda, through the Microfinance Support Centre [MSC], has begun disbursing an additional Shs 20 million to each active Emyooga Savings and Credit Cooperative [SACCO]…
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Stanbic, Buganda Kingdom launch ‘Ssemaduuka’ to boost coffee value chain and rural trade
KAMPALA, February 25, 2026 —Stanbic Bank Uganda has partnered with the Buganda Kingdom to unveil a one stop agricultural business centre aimed at strengthening SACCO financing, organising coffee value chains and formalising…
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Accounting Officers warned as Finance ministry revises 2026/27 budget to Shs 78.25 trillion
KAMPALA, February 24, 2026 — Finance ministry’s Permanent Secretary and Secretary to the Treasury [PSST], Ramathan Ggoobi has directed all Accounting Officers in the ministries, departments and agencies [MDAs] not to sign…
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Kenya’s SACCOs eye fintech alliances as digital transactions surge
NAIROBI, February 24, 2026 — Leaders of Kenya’s Savings and Credit Cooperative Organisations [SACCOs] have identified collaboration with financial technology firms [fintechs] as a top strategic priority for 2026, signalling a decisive…
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BoU extends licensing deadline for Large SACCOs to September 2026
KAMPALA, February 24, 2026 — The Bank of Uganda [BoU] has extended the deadline for regulated financial institutions to transact exclusively with licensed large Savings and Credit Cooperative Societies [ SACCOs ],…
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Capital markets finance, by other means
By Conor Perry LONDON, February 23, 2026 — Europe’s small and medium-sized enterprises face a financing gap of €39bn per year. This is partly a function of the overwhelming reliance of European…
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Private Sector Credit hits Shs 25.3 trillion in December 2025 – report
KAMPALA, February 21, 2026 — The stock of outstanding Private Sector Credit [PSC] recorded in Uganda increased by 1.3 percent to about Shs 25.3 trillion in December 2025, up from Shs 25.025…
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